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DTRIC Insurance Consolidates with DRC’s DecisionMaker™ Rating Enterprise

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DecisionMaker™ Rating provides consolidated rating across multiple DTRIC systems

 

HONOLULU, HI – January 14, 2009

Decision Research Corporation (DRC), a rating and policy processing software solution provider to the property & casualty insurance industry, announced today that its DecisionMaker™ Rating Enterprise is in production at DTRIC Insurance.  DTRIC is using DecisionMaker Rating to consolidate rating services for both its policy administration system and third party quoting application; eliminating the need for duplicate maintenance costs and effort.

 

“DecisionMaker Rating Enterprise allows us to have a unified rating service for both our direct and agency quoting.   Not only does the system eliminate the duplicate effort, but DecisionMaker also allows us to quickly and easily make rate changes with little if any support required from our IT organization,” said Ron Toyofuku,  President and CEO at DTRIC. Mr. Toyofuku continued, “With less reliance on our technical resources, our IT staff can focus their time and effort on other projects throughout the DTRIC organization.”

 

Karen Yamamoto, DRC’s Vice President of Product Development, said, “Consolidation of rating is just another way for DRC clients to take advantage of the flexibility and power of DecisionMaker Rating.  We thank DTRIC for their selection and their support.  We look forward to continuing our work with DTRIC to find additional areas where we can add value to help them maintain and improve their competitive position.” 

About DTRIC
DTRIC was established in 1992 at a time when most insurers were reluctant to offer automobile coverage in Hawaii due to rising claims costs and strict regulations created by the state’s no-fault law. With creative programs and solutions, DTRIC stepped in to replace a major insurer who canceled the group automobile program for the state’s largest public employee union.

In 1994, DTRIC expanded into commercial insurance lines in response to a severe downturn in the availability of general casualty and workers compensation insurance in Hawaii. DTRIC provides workers compensation coverage to many Hawaii businesses and works closely with clients on operational and safety issues. DTRIC has been instrumental in bringing stability to the local marketplace and reducing insurance costs.

For more information about DTRIC Insurance visit www.dtric.com .

About DRC  
DRC is a highly experienced and trusted software development company that consistently delivers and successfully implements software solutions to support a wide range of P&C insurance industry lines of business.  From the small startup insurers and MGAs to insurers with written premium in excess of $1Billion, DRC clients have chosen DecisionMaker for their rating, quoting, billing, policy administration and claims needs and an impressive return on investment. For more information about DRC, call us or visit www.decisionresearch.com.


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For more information, contact:
DRC
Rick Young
(808) 949-8316 ext. 120
info@decisionresearch.com

 
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